Air Springs Market Projected to Gain Significant Value by 2026
Air springs form an integral component in luxury cars, SUVs and public transport vehicles such as buses. With a notable rise in net-worth individuals, ultra-luxury vehicles have demonstrated robust sales in the recent past. Adoption of body-on-frame SUVs has surged, with increased sales by OEMs as they venture into SUVs. OEMs equip air springs with novel air suspension systems. Electronically-controlled air suspension systems (ECAS), which have been witnessing robust penetration in luxury cars and commercial vehicles, are also a major...
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